I guess I should mention that the majority have not even gotten to the point of a product.
Yep, I was going to say that a lot of the ICOs I've been interested in haven't developed heads!
I think a lot of the issue is what I like to refer to as the ICO Rush. Much like the Gold Rush, you've got people flocking from all corners of the world trying to make their fortune.
Sadly, although some will make a killing, the rest will be sifting through worthless dirt.
I imagine it is very difficult to release a top quality product in this space, but as you say, it's very young, so I think the future is bright!